DNO to Hold Fixed Income Investor Meetings
11 March 2025 – DNO ASA, the Norwegian oil and gas operator, today announced it has engaged DNB Markets, a part of DNB Bank ASA, and Pareto Securities AS as Global Coordinators and Joint Bookrunners, to arrange fixed income investor meetings. Clarksons Securities AS, Fearnley Securities AS and SpareBank 1 Markets AS have been retained as Co-Lead Managers. Subject to inter alia market conditions and acceptable terms, a new senior unsecured bond issue with a tenor of five years may follow. The contemplated bond will materially have the same terms as DNO05.
The purpose of the bond issue is to refinance the DNO04 senior unsecured bonds with maturity in September 2026 (ISIN NO 0011088593) and general corporate purposes. DNO will, subject to a successful bond placement, issue a call notice for redemption of DNO04 at the prevailing call price.
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DNO ASA is a Norwegian oil and gas operator active in the Middle East, the North Sea and West Africa. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom, Côte d’Ivoire, Netherlands and Yemen. More information is available at
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange notice was published by Jostein Løvås, Communication Manager DNO ASA, on the time and date set out above.
